Elutia: Q3 Earnings Insights

Elutia (NASDAQ:ELUT) reported its Q3 earnings results on Monday, November 13, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Elutia beat estimated earnings by 7.41%, reporting an EPS of $-0.5 versus an estimate of $-0.54.

Revenue was down $6.26 million from the same period last year.

Last quarter the company missed on EPS by $0.36 which was followed by a 6.72% increase in the share price the next day.

Here's a look at Elutia's past performance:

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	-0.29	-0.54	-0.69	-0.66
EPS Actual	-0.65	-0.49	-0.38	-0.73
Revenue Estimate	12.50M	13.70M	12.55M	12.37M
Revenue Actual	10.30M	13.05M	12.66M	12.39M

To track all earnings releases for Elutia visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.